Question
Condensed balance sheet and income statement data for Riverbed Corporation are presented here. Cash Accounts receivable (net) Other current assets Investments RIVERBED CORPORATION Balance Sheets
Condensed balance sheet and income statement data for Riverbed Corporation are presented here. Cash Accounts receivable (net) Other current assets Investments RIVERBED CORPORATION Balance Sheets December 31 Property, plant, and equipment (net) Current liabilities Long-term debt Common stock, $10 par Retained earnings 2027 $ 33,000 53,000 95,000 60,000 500,000 $741,000 150,000 325,000 2026 178,000 $ 23,000 48,000 100,000 75,000 370,000 $616,000 $549,000 $ 88,000 $83,000 $73,000 90,000 315,000 2025 128,000 $ 21,000 51,000 69,000 50,000 358,000 55,000 305,000 116,000 $741,000 $616,000 $549,000
Additional information: 1. The market price of Riverbed's common stock was $7,$8, and $7 for 2025,2026 , and 2027 , respectively. 2. You must compute dividends declared. All declared dividends were paid in cash in the year of declaration. (a) Compute the following ratios for 2026 and 2027. (Round payout ratio and debt to asset ratio to 0 decimal places, e.g 183. Round earnings per share and asset turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 1.8%.)
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